Rockwell Automation Announces $1B Share Repurchase Authorization

Rockwell Automation Inc. (ROK) announced that its board of directors authorized an additional $1 billion in repurchases of its common stock. This move reinforces the company's dedication to delivering value to its shareholders. Rockwell Automation's Focus on Capital Allocation Bodes Well On May 2, 2022, the company authorized the repurchase of$1 billion in common shares. As of Sept. 5, 2024, there was roughly $353 million remaining. Over the last five years, Rockwell Automation returned$4.7 billion to sha ...